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Tag Archives: Valuation Rulings

Auto part makers flay Customs’ 400pc concession to importers

LAHORE: Pakistan Customs, through ruling No 685/2014, has reevaluated the Import Trade Prices (ITPs) for Chinese motorcycle parts and gave commercial importers huge 400 per cent concession against the values determined for OEMs. However, Pakistan Association of Automotive Parts and Accessories Manufacturers (PAAPAM) has censured the Customs for reducing valuation of Chinese motorcycle parts and said that such ‘illogical’ valuation ... Read More »

PRV Section of MCC Appraisement-West recovers Rs11.84m in July

KARACHI: The Post Release Verification (PRV) Section of Model Customs Collectorate (MCC) of Appraisement-West has recovered Rs 11.84 million during the month of July from different importers in violation of valuation rulings, concessionary SROs and classification of Pakistan Customs Tariff (PCT). According to details, the PRV Section has recovered an amount of Rs 6.01 million through GD No 166797, recovered ... Read More »

Customs value of sauces, salads, dressings, mayonnaise and mustard fixed

KARACHI: The Directorate General of Customs Valuation determined the Customs Values of Sauces, Salads, dressings, Mayonnaise and Mustard (retail and bulk packing) through Valuation Ruling No. 678/2014 under Section 25-A of the Customs Act, 1969. As per details, Customs values of Sauces of  Nando’s in retail packing with PCT Code 2103.1000, 2103.2000 and 2103.9000 with proposed PCT for WeBOC 2103.1000.1000, ... Read More »

Customs values of UPS units determined through valuation ruling no.677/2014

KARACHI: Directorate General of Customs Valuation has determined the customs values of Uninterruptable Power Supply (UPS) units through valuation ruling no. 677/2014 under section 25-A of the Customs Act, 1969. The Valuation Ruling No.677/2014 regarding the UPS has superseded the previous valuation ruling no. 447/2012. Customs value of Line-Interactive UPS up to 500 VA with batteries having HS Code 8504.4010 ... Read More »

Customs values of headphones issued

KARACHI: Directorate General of Customs Valuation has issued Valuation Ruling no.676/2014 for determination of Customs values of headphones. Customs value of headphones of international brands (Creative, Bosch, Logitech, Philips, Toshiba, Sony, Beats, Samsung, Nokia, LG, Canon and Yamaha) from China having Pakistan Customs Tariff (PCT) heading 8518.3000 and proposed PCT code for WeBOC 8518.3000.1000 has been fixed at $ 4.70 ... Read More »

R&D Section of MCC Appraisement-East recovers Rs15.6m

KARACHI: The Research and Development (R&D) Section of Model Customs Collectorate of Appraisement-East has recovered an amount of Rs 15,590,381 in the month of April, 2014 from different importers in cases of violation of valuation rulings, mis-declaration, wrong use of concessionary SROs and in-admissibility of SROs. According to details, the R&D Section has recovered an amount of Rs 515,965 from ... Read More »

Importers demand revisiting of valuation guideline of base oil

KARACHI: The importers have demanded the Chief Collector of Appraisement-South Nasir Masroor to revisit the valuation guideline of base oil (lubricant) and resolve the issue of its trade. Sources informed Customs Today that a delegation of importers met with the Chief Collector Nasir Masroor at his office and expressed their reservations over the issuance of valuation guideline of base oil. ... Read More »

Valuation Ruling of Silk Fabric issued

KARACHI: Directorate General of Customs Valuation has determined the customs values of silk fabric through a Valuation Ruling No. 648/2014 under Section 25-A of the Customs Act, 1969. Customs values of textile silk fabric (crinkle) from China having Pakistan Customs Tariff (PCT) codes 5007.1000, 5007.2000 and 5007.9000, and proposed PCT code for WeBOC 5007.1000.1010, 5007.2000.1010 and 5007.9000.1010 have been fixed ... Read More »

Customs values of wire locks determined

KARACHI: Directorate General of Customs Valuation has determined the customs values of wire locks through Valuation Ruling No. 647/2014 under Section 25-A of the Customs Act, 1969. The customs values of wire locks up to 150 grams per unit from China having Pakistan Customs Tariff heading 8301.4000 and proposed PCT code for WeBOC 8301.4000.1000 has been fixed at $ 1.30 ... Read More »

Customs value of ethyl acetate re-determined

KARACHI: Directorate General of Customs Valuation has re-determined the customs value of ethyl acetate through the Valuation Ruling No. 646/2014 under Section 25-A of the Customs Act, 1969. Customs value of ethyl acetate from China having Pakistan Customs Tariff (PCT) code 2915.3100 and proposed PCT code for WeBOC 2915.3100.1000 has been fixed at $ 1.18 per kilogram. Customs value of ... Read More »

Valuation rulings of LED lights, porcelain/glassware issued

KARACHI: Directorate General of Customs Valuation has determined the customs values of LED rechargeable lights, porcelain ware and glassware through Valuation Rulings No.644/2014 and 645/2014 under Section 25-A of the Customs Act, 1969. Customs values of LED rechargeable lights (1-4) from China having Pakistan Customs Tariff (PCT) heading 8513.1030 and proposed PCT code for WeBOC 8513.1030.1000 has been fixed at ... Read More »

Tuesday March 18 – Monday March 24, 2014

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Customs values of computer leads, networking cables issued

KARACHI: The Customs values of computer leads and networking cables have been determined by the Directorate General of Customs Valuation Department through Valuation Ruling No 643/2014 under Section 25-A of the Customs Act, 1969. According to details, the customs value of computer leads from China having Pakistan Customs Tariff (PCT) code 8544.4210 and proposed PCT code for WeBOC 8544.4210.1000 has ... Read More »

Customs values of Industrial roller chains, sodium lauryl ether sulphate issued

KARACHI: Directorate General of Customs Valuation has determined the customs values of Industrial roller chains and Sodium Lauryl Ether Sulphate first time ever, through the Valuation Rulings No. 641/2014 and 642/2014 respectively under Section 25-A of the Customs Act, 1969. Customs value of Industrial roller chains from China having Pakistan Customs Tariff (PCT) code 7315.1190 and proposed PCT code for ... Read More »

Valuation Ruling for food supplement issued

KARACHI: Directorate General of Customs Valuation has determined the customs values of food supplements (drinking powder Milo, Nesquick, Bournevita, Ovaltine, Complan and Horlicks, first time ever, through a Valuation Ruling No. 640/2014 under section 25-A of the Custom Act, 1969. Customs values of drinking powders including Milo, Nesquick, Bournevita, Ovaltine and Complan from all origins having Pakistan Customs Tariff code ... Read More »

Customs values of light fittings, canned Mushroom issued

KARACHI: Directorate General of Customs Valuation has determined the customs values of light fittings/fixtures through Valuation Ruling No. 638/2014 and canned mushroom through Valuation Ruling No. 639/2014 under Section 25-A of the Customs Act, 1969. According to details, the customs values of LED Lighting fixtures (with bulbs) from China having Pakistan Customs Tariff (PCT) codes 9405.1090 and 9405.4090 and proposed ... Read More »

Customs Valuation dept re-determines values of chocolates

KARACHI: The Directorate General of Customs Valuation has re-determined the customs values of chocolates (HS Code 1806.3100,1806.3200, 1806.9000) through Valuation Ruling No. 636/2014 under section 25-A of the Customs Act, 1969 which supersedes the previous Valuation Rulings No. 508/2012 and 529/2012. According to details, the customs value of Toblerone (Milk) 35 grams from all origins having Pakistan Customs Tariff (PCT) ... Read More »